Well one piece of good news, in the original settlement, it said the NIL is to be true NIL. No pay for play and the ncaa can enforce that rule. We shall see if that happens. But ncaa rules around nil is a part of the settlement.
The preliminary approval also opens the door for the creation of a third-party body to vet NIL payments greater than $600. A revised version of the settlement filed on Sept. 26 referred to “faux” NIL deals — payments that are functionally “pay-for-play” deals being procured under the guise of NIL.
Wilken voiced particular concern over the restricting of what athletes could earn, while representatives for NIL collectives across the country have been adamantly against the proposal that would limit their involvement and create more oversight on certain deals.
In an effort to assuage those concerns, the revised settlement exempted anyone who's given less than $50,000 to a school from the aforementioned NIL enforcement rules, along with removing the word “booster” and replacing it with “Associated Entity or Individual."
“... On balance, permitting [the] Defendants to retain some existing rules that prohibit affiliated parties from providing faux NIL payments that are not actual commercial transactions is a fair exchange for the tremendous benefits the settlement provides,” the brief said.